26 January 2022

National Bank of Slovakia issues new conclusion on violations by NOVIS and temporarily restricts distribution of company assets

The Central Bank of Iceland Financial Supervisory Authority (FSA Iceland) makes reference to previous press releases concerning the National Bank of Slovakia’s (Národná banka Slovenska, NBS) decisions on NOVIS Versicherungsgesellschaft, NOVIS Compagnia di Assicurazioni, NOVIS Poisťovňa a.s. (NOVIS), most recently on 28 April 2021.

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25 January 2022

Bank for International Settlements sets work programme for BIS Innovation Hubs in 2022

The Bank for International Settlements (BIS) has presented its year-2022 projects for the BIS Innovation Hubs. The Central Bank of Iceland operates the BIS Nordic Innovation Hub in Stockholm, together with other Nordic central banks.

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19 January 2022

Working Paper no. 88: Analysing inflation dynamics in Iceland using a Bayesian structural vector autoregression model

The Central Bank of Iceland has published a research paper which looks at the drivers of inflation variation in Iceland using a Bayesian structural vector autoregression model. The results are that supply shocks and exchange rate shocks are the largest contributors in short run dynamics of inflation while foreign shocks dominate the medium and long run horizons. The results strongly suggest that local currency pricing is largely absent.

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17 January 2022

Foreign exchange market, exchange rate developments, and international reserves 2021

The Central bank of Iceland has published a press release on foreign exchange market, exchange rate developments, and international reserves 2021.

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17 January 2022

Monetary Policy Committee report to Parliament

The Central Bank of Iceland Monetary Policy Committee’s (MPC) report to Parliament (Alþingi) on the Committee’s work in H2/2021 has been posted on the Bank’s website.

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